Bharat Petroleum’s Net Profit Dips Amid Volatile Crude Prices in Q2
Higher crude costs and weaker refining margins cut Bharat Petroleum’s quarterly profit even as revenues rose 29%, the company said.
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BPCL Q2 Profit Drops 21 Pc to Rs 4,863 Crore; Revenue Rises Nearly 30 Pc
Get latest articles and stories on Business at LatestLY. State-run Bharat Petroleum Corporation Limited (BPCL) reported a 21 per cent year-on-year decline in consolidated net profit to Rs 4,863.05 crore in the second quarter of financial year 2026-27 (Q2 FY27), while its revenue from operations surged nearly 30 per cent, according to a statement issued by the Maharatna company. Business News | BPCL Q2 Profit Drops 21 Pc to Rs 4,863 Crore; Revenu…
BPCL Q2 Results: Net profit declines 21% YoY to Rs 4,863 crore, revenue grows 29%
BPCL reported a 21.45% year-on-year decline in Q2 FY27 profit to Rs 4,863.05 crore, despite 29.78% revenue growth. Sequential performance rebounded sharply from a quarterly loss, while the company approved a subsidiary for its proposed Andhra Pradesh refinery.
India's Bharat Petroleum profit drops amid crude oil price ...
Despite the surge in fuel prices in the international market, the company did not increase prices, which had a negative impact on profits last quarter.
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